From alaric@snell-pym.org.uk Fri Jul 6 02:37:35 2018 From: Alaric Snell-Pym To: cypherpunks-legacy@lists.cpunks.org Subject: Re: [silk] Bitcoin Date: Fri, 06 Jul 2018 02:37:35 +0000 Message-ID: <172289081603.3849117.11776231172365694497.generated@mail.pglaf.org> MIME-Version: 1.0 Content-Type: multipart/mixed; boundary="===============2357606647711117705==" --===============2357606647711117705== Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 7bit On 05/17/11 02:04, Suresh Ramasubramanian wrote: > Peer to peer currency generation is something that botnets will love > to game - artificially generate cash by using other people's > computing power > > And the protocol itself might lend itself to such attacks. For > example http://www.bitcoin.org/smf/index.php?topic=823 > > Easy way to debase a currency - allow various folks to generate lots > and lots of it > > Remember, per account limits are easily worked around by scaling to n > accounts.. Ah, the limit isn't done like that. 50 bitcoin are generated about every 10 minutes, period. The more CPU time you put in, the larger a *share* of that you get, but the global rate remains the same. ABS -- Alaric Snell-Pym http://www.snell-pym.org.uk/alaric/ ----- End forwarded message ----- -- Eugen* Leitl leitl http://leitl.org ______________________________________________________________ ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org 8B29F6BE: 099D 78BA 2FD3 B014 B08A 7779 75B0 2443 8B29 F6BE --===============2357606647711117705==--